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Amazon SAS Advances €4 Million Pharmaceutical Facility in Limassol

Amazon SAS has received the green light from the Environmental Authority to construct a state-of-the-art pharmaceutical manufacturing plant in Limassol, Cyprus. This ambitious €4 million project is set to be situated in the industrious Pentakomo-Monagroulli zone, precisely 620 meters southeast of Monagroulli village.

The construction timeline, as per the environmental impact assessment from September 2024, anticipates around ten months for completion, subject to any unexpected hurdles.

Details of the Facility

The expansive factory will cover 4,405 square meters over three levels. The underground level is designated for parking and auxiliary spaces, the second level will host pharmaceutical production, while the third level will accommodate offices and further auxiliary areas.

Notably, the plant will focus on solid pharmaceutical products like tablets and capsules, aiming for an annual output of 40 to 50 million units. Packaging will be diversified between bottles and blister packs, projecting an annual volume of approximately 10 million packaging units.

Infrastructure and Accessibility

The plant’s infrastructure includes multiple access points, with a controlled vehicle entrance, loading bay, and dedicated green spaces. A total of 50 parking spaces will cater to employees and visitors, ensuring accessibility options. The site will adhere strictly to health, safety, and environmental protocols in alignment with Cypriot and EU standards.

Strategic Significance

This development signifies a significant boost to the local economy, potentially paving the way for further industrial advancements in the region. For insights into how this project fits into broader economic trends, consider exploring Cyprus Housing Market Slows Amid Rising Costs and Regional Divergence.

€50 Million Luxury Resort Planned For Ayia Napa

Ayia Napa could strengthen its position in the premium tourism market with a proposed €50 million mixed-use resort combining a hotel, serviced apartments, luxury bungalows and a beach club.

Aesara Investments Ltd has submitted an information form to the Department of Environment for a development to operate under the name Atlantica Wavemaster Hospitality. The project is planned for the Limnara area of Ayia Napa, along the coast south of Kryou Nerou Avenue, between the town centre and Cape Greco.

Hotel, Apartments And Luxury Bungalows

The proposed resort will include a 324-room hotel with capacity for 648 guests, alongside a condo-hotel building containing 20 one- and two-bedroom apartments. Facilities are planned to include restaurants, bars, cafés, a spa with an indoor pool, a gym, shops, a multipurpose hall, a children’s club and a cinema.

A further 33 three-level luxury bungalows, each designed for two guests and featuring a private swimming pool, are planned for the southern part of the site. A beach club with a restaurant and an outdoor pool complex covering more than 6,300 square metres will also form part of the development.

The project includes 321 parking spaces, including 12 for people with disabilities, and 14,196 square metres of landscaped green space featuring local plant species.

Seasonal Hotel Operations And Year-Round Residences

The hotel is expected to operate from March to November, with peak occupancy during the summer season. The condo-hotel apartments, meanwhile, will be available for sale or long-term rental and intended for year-round residence. Owners and tenants will also have access to the resort’s facilities, including its pools, restaurants and fitness areas.

Construction is expected to take 24 months once the required permits are secured. At the busiest stage, the project could employ around 100 workers per day.

Environmental Restrictions Near Cape Greco

The site’s proximity to protected Natura 2000 areas has prompted strict environmental requirements. The Cape Greco Special Protection Area borders the site to the south, while a Special Area of Conservation lies approximately 50 metres away.

Conditions imposed by the Department of Environment include a maximum building height of five floors, or 18.5 metres, and restrictions on permanent structures near the coastline. The project must also use spider-web type glazing and low-intensity lighting to minimise disturbance to local birdlife.

According to the project’s consultants, the design has been prepared to comply with the environmental conditions and the final report on cumulative impacts for the Cape Greco Special Protection Area. The hotel and apartment building are positioned in the central and northern parts of the plot, away from the shoreline.

Within the designated no-build zone, located 40 metres from the boundary of the beach protection zone, only swimming pools are planned. The consultants state that these are not expected to affect protected species in the area.

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